Rising Cost of College Textbooks

More recently, however, the federal government has taken an interest in finding why textbook prices have soared over the past 20 years.

As part of this effort, The Advisory Committee on Student Financial Assistance, a federal committee chartered by Congress, reported that, according to its yearlong study, "first-time, full-time students spent a total of $898 at four-year public colleges and $886 at two-year public colleges on books and supplies" in 2003-04.

Released in May 2007, findings from the Study on the Affordability of College Textbooks were anything but new